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GILLION PARTNERS

Active
Public limited companyfounded 2021active for 4 yearsLouizalaan 207, 1050 Elsene, Belgium111 active companies are registered at this addressKBO/BCE: BE 0777.614.158
Summary

GILLION PARTNERS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €575,526 and a net result of -€42,038. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 79% of 19,156 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Property management for co-owned buildings (syndics)
NACE 68321
1 site
Size
€814,112total assets 2024
Staff
2.6 FTE
Equity
€575,526
Loss
-€42,038
Turnover not published (micro format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Holdings
1
  • Gillion ConstructDirector · permanent representative Alessandra Martins Soares
  • Les Entreprises Générales Fernand Gillion et FilsDirector
Accounts 84 days overdue4 of 5 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 10-10-2025)1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 lateLoss of €42,038, the second in a row (financial year 2024)lowers riskLiquidity: current ratio 3.25, cash €571,540Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (NACE 68, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 96-4
equity 70.7% of total assets
Liquidity 88-7
short-term debt 29.3% · cash 70.2%
Profitability 12+12
return on assets -5.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,610 companies, NACE 68, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.7%▲ +0.1 percentage points vs 11-2024 01-2025: 0.9%▲ +0.2 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%▼ -0.2 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 1.5%● unchanged vs 08-2025highest value 10-2025: 1.5%● unchanged vs 09-2025highest value 11-2025: 0.1%▼ -1.4 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.4 percentage points vs 09-2026
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 3.25, compared with 4.83 in 2023, above the usual 1.5; short-term debt: 29.3% and cash: 70.2% of total assets), and 29.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 78% on solvency, 90% on liquidity, 15% on profitability and 29% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 10-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 3.25, cash €571,540
NBB · annual accounts
raises risk · Loss of €42,038, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
222324
2022 to 2024 · latest year -€42,038
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
68 days late
2023
433 days late
2022
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 163 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: NEXT GENERATION DEVELOPMENT SA (director)Power of attorney
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2024 -€42,038 View
  • Caution: Among the weakest 11% on net resultsector median €4,579 · 19,144 companies -€42,038 View
  • Positive: Result rose in 2024from -€202,263 to -€42,038 ▲ 79.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
  • A director leftlatest change 10-02-2026 · 2 in office 1 left View

By topic

Financials

Financial year
2024
Total assets
€814,112
Loss
-€42,038
Solvency
70.7%
Total assets▲ 5.3%
Net result
20222024
Go to Financials

Board & ownership

Board
2 members
  • Gillion ConstructDirector
  • Les Entreprises Générales Fernand Gillion et FilsDirector
Go to Board & ownership

Timeline

Events
8
Since
2023
  1. 23-04-2025Appointment: Gillion Construct (director)
  2. 04-04-2025Appointments: Les Entreprises Générales Fernand Gillion et…
  3. 15-01-2025Resignation: Amaury de Mérode (director and daily…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Property management for co-owned buildings (syndics)NACE 68321
Founded
23-11-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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